Paybase CEO announced as MoneyLive Speaker
- 6 years 2 months ago
- Payments, Infrastructure
Paybase CEO Anna Tsyupko has been announced as a speaker of the MoneyLive Summit 2018, starting on 26th November in London. The event is Europe’s biggest retail banking event, with hundreds of attendees representing dozens of financial services.
Yoyo Wallet signs up easyCoffee
- 6 years 2 months ago
- Payments
easyCoffee, the coffee chain launched by CEO and entertainment entrepreneur Nathan Lowry and easyJet tycoon Sir Stelios Haji-Ioannou, has forged an alliance with London based Yoyo, Europe’s fastest growing mobile payments and loyalty marketing platform, to provide a new app-based payments and loyalty solution for its customers, as both companies rapidly expand across the UK.
SEBA Crypto AG & Loomis International Join Forces to Build Deep Cold Storage for Crypto Assets
- 6 years 2 months ago
- Cryptocurrencies
SEBA Crypto AG & Loomis International have announced a partnership to build a TEMPEST Level A Deep Cold Storage offering for digital assets. SEBA aims to offer Custody services to institutions, corporates and individuals seeking licensed and supervised storage of crypto assets. Custody services facilitate access to and participation in global financial markets and SEBA aims to deliver these services for the crypto economy.
Crypto markets mature as Cryptology unveils professional margin trading features
- 6 years 2 months ago
- Trading Systems, Cryptocurrencies
Singapore-based community cryptocurrency exchange, Cryptology Exchange today launches a new functionality that allows users to trade cryptocurrency on margin – letting experienced traders execute trades with borrowed money.
Four in ten companies up R&D spending to take advantage of new technology
- 6 years 2 months ago
- Payments
New research from Barclaycard, which processes nearly half of the nation’s credit and debit card transactions, shows how Chief Information Officers (CIOs) are driving rapid change in UK businesses by seizing the potential of next-generation technologies.
Ivy Launches IvyPay as Global Adoption of Crytocurrency Increases
- 6 years 2 months ago
- Payments
The mass adoption of cryptocurrency is a step closer today, following the launch of IvyPay, a platform built by blockchain-based tech company, Ivy, in partnership with cryptocurrency broker service, HiveEx.com
Should there be more competition among international money transfer providers?
- 6 years 2 months ago
- Money Transfers
The BBC reports today** that migrants to the UK send £8bn to family each year. UNESCO calculate that the average transaction fees applied to international money transfers amounts to 7% of the total transaction. That means a whopping £560 million is lost to transaction fees every year. When you also consider that 30% of that money is sent back to get younger family members through education, it's a huge loss to those that are often required to... more
Payments Jury Finds Confidence in Domestic Schemes is at All-Time High
- 6 years 2 months ago
- Payments
90% of schemes think prospects have improved thanks to member banks and regulators increasing support as they diversify beyond card-only payments The Payments Jury today released its latest report which focuses on Domestic Payment Schemes, revealing that confidence is at an all-time high with 90% of domestic schemes indicating that prospects have improved thanks to member bank and regulatory support alongside increased cross-border collaboration... more
Common Ground with Startups
- 6 years 2 months ago
- Payments
When large organizations – complex in structure and deliberate with their decision-making – and startups – rapidly-paced innovators with powerful technologies – sit at the same table, it’s easier to see the (many) differences. The former may employ 50,000 people, while the latter could’ve been founded in a municipality half the size.
Research finds lack of merchant awareness limiting impact of Visa Claims Resolution (VCR)
- 6 years 2 months ago
- Payments
The introduction of the Visa Claims Resolution initiative (aka, VCR) in April 2018 was heralded as a significant development for the payments industry. However, almost six months from its launch, the impact on merchants has been minimal – and many suggest the chargeback process has only become more challenging.
Big Apple welcomes Renovite Technologies to Quality Assurance in Fintech and payments summit
- 6 years 2 months ago
- Payments
Leading global payments and cloud specialist Renovite Technologies will be in New York later this month to present and discuss the growing importance of Quality Assurance in payments technology in the context of increasing regulatory pressure around new financial products.
Mastercard accredits FIME for biometric evaluation services
- 6 years 2 months ago
- Payments, Authentication Technology
FIME has been accredited by Mastercard to deliver biometric authentication testing services for fingerprint in line with its new guidelines for mobile device sensors.
New Report Reveals How Cyber Attackers Could Target the World’s Financial Markets
The cyber threats faced by key financial markets across the world have been exposed by a new report published today by BAE Systems and SWIFT. The study examines the different levels of susceptibility and threat faced by parts of the financial markets. It considers how market infrastructures and participants could be exploited by cyber criminals to penetrate organisations across the securities, trade finance, foreign exchange, and banking and... more
UnionPay launches mobile payment services in South Asia
- 6 years 2 months ago
- Payments
Sri Lanka has become a new market where UnionPay is rolling out its mobile payment service. After the launch of UnionPay QuickPass service in the country this August, UnionPay QR code payment service will be accepted soon.
Ingenico Group and Sberbank launch acceptance of Mir cards for international online stores
- 6 years 2 months ago
- Payments
Ingenico Group, the global leader in seamless payment, today announced a strategic partnership with Sberbank, Russia’s largest bank, to enable international online merchants to accept the national MIR Card Payment System. Since the introduction of the domestic card scheme in 2015, some 45 million MIR cards have already been issued, with more than half issued by Sberbank – the main credit institution in Russia and the CIS, and the largest... more
